Hints and tips:
...Climate change itself is exacerbating many health challenges, which makes tackling AMR even more important....
...Ortino said AMR threatened “devastating consequences both on humans and on the economy”....
...This is “the worst bread crisis . . . since the start of the Syrian conflict in 2011”, said Nicholas Bodanac, a research director at Mercy Corps, a humanitarian organisation....
...The product at the centre of the allegations is amorphous metal ribbon, or AMR – thin ribbons of a special alloy produced using trade secrets....
...al-Assaf, former finance minister – Abdullah al-Sultan, commander of the Saudi navy – Bakr bin Laden, chairman of Saudi Binladin Group – Mohammad al-Tobaishi, former head of protocol at the Royal Court – Amr...
...The news continues to show resurgence at American Airlines, which was created when its former parent, AMR Corp, emerged from bankruptcy protection in 2013 and merged with US Airways....
...We should do well to remember Dec 2011 when American Airlines (AMR) defaulted – base correlations dropped sharply post-default and continued to fall till the end of May 2012....
...Tom Horton, AMR’s chief executive, who will be chairman of the new, merged company, said on Tuesday that, in light of the relatively modest scale of the divestitures, the new, merged company would still...
...Developments such as the high cost in airport slots that the US Department of Justice demanded before permitting the merger of AMR and US Airways last month indicate that big strategic mergers are harder...
...“This agreement allows us to take the final steps in creating the new American Airlines,” said Tom Horton, chief executive of AMR Corporation, American’s parent....
...US Airways’ shareholders received 28 per cent of the new company, while AMR’s creditors received the remainder....
...American announced on Monday that each share in the old AMR Corporation would receive 0.0665 shares in the new company, valuing each AMR share at $1.63....
...AMR and US Airways declined to comment on the negotiations....
...The suit could force US Airways and AMR Corporation to unpick a merger they have been negotiating for more than a year and one they had been confident of completing next month....
...“That deal will have repercussions across the industry,” says Denzil Rankine, head of AMR International, a consultancy that specialises in events....
...The DoJ’s action came ahead of a court hearing scheduled for Thursday that had been expected to approve AMR’s plan to emerge from bankruptcy and complete the US Airways merger....
...The US Department of Justice pointed to airlines’ recovering profitability in August as one of the main reasons to seek to block the proposed merger between AMR Corporation, American Airlines’ parent, and...
...US Airways and AMR Corporation said they expected the two companies to merge on December 9 before markets opened. They anticipate the merged airline to be the US’s largest by sales.” (Financial Times)...
...Corp....
...(Financial Times) “AMR and US Airways reached an antitrust settlement with the U.S. government to allow their $17 billion merger to proceed with only limited concessions, paving the way for a new global...
...The DoJ is seeking to block the proposed merger between US Airways and AMR Corporation, the bankrupt parent of American Airlines....
...Stocks on the S&P 500 dipped after the US Department of Justice filed an antitrust suit to block a $10bn merger between AMR Corp, the parent company of American Airlines, and US Airways Group....
...Sean Lane, the judge who has overseen the AMR bankruptcy, has set no firm date for AMR to leave bankruptcy protection and complete the merger....
...Mr Horton is due to step aside as AMR’s chief executive when the merger with US Airways is completed, probably later this year....
...The looming battle between the DoJ, US Airways and AMR Corporation, American’s bankrupt parent, promises to revolve around that central point....
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